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Initiation
Simon Property resumed with an In Line at Evercore ISI » 06:34
01/06/21
01/06
06:34
01/06/21
06:34
SPG

Simon Property

$83.20 /

+0.38 (+0.46%)

Evercore ISI analyst…

Evercore ISI analyst Steve Sakwa resumed coverage of Simon Property Group with an In Line rating and $89 price target. The analyst likes Simon over the long term given its "dominant status" in the retail space and "strong" liquidity position, but he prefers to wait for a entry point into the name.

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SPG Simon Property
$83.20 /

+0.38 (+0.46%)

SPG Simon Property
$83.20 /

+0.38 (+0.46%)

12/15/20 Edward Jones
Simon Property downgraded to Sell from Hold at Edward Jones
12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
SPG Simon Property
$83.20 /

+0.38 (+0.46%)

  • 19
    Nov
SPG Simon Property
$83.20 /

+0.38 (+0.46%)

SPG Simon Property
$83.20 /

+0.38 (+0.46%)

SPG Simon Property
$83.20 /

+0.38 (+0.46%)

Options
Simon Property put volume heavy and directionally bearish » 10:55
01/04/21
01/04
10:55
01/04/21
10:55
SPG

Simon Property

$83.10 /

-2.13 (-2.50%)

Bearish flow noted in…

Bearish flow noted in Simon Property with 3,370 puts trading, or 1.2x expected. Most active are Jan-21 80 puts and Jan-21 65 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.51, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 4th.

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SPG Simon Property
$83.10 /

-2.13 (-2.50%)

SPG Simon Property
$83.10 /

-2.13 (-2.50%)

12/15/20 Edward Jones
Simon Property downgraded to Sell from Hold at Edward Jones
12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
SPG Simon Property
$83.10 /

-2.13 (-2.50%)

  • 19
    Nov
SPG Simon Property
$83.10 /

-2.13 (-2.50%)

SPG Simon Property
$83.10 /

-2.13 (-2.50%)

SPG Simon Property
$83.10 /

-2.13 (-2.50%)

Hot Stocks
JCPenney replacing CEO Jill Soltau, Stanley Shashoua stepping in for now » 13:49
12/30/20
12/30
13:49
12/30/20
13:49
JCPNQ

JCPenney

$0.19 /

+ (+0.00%)

, SPG

Simon Property

$84.10 /

+0.78 (+0.94%)

, BAM

Brookfield

$41.43 /

+0.125 (+0.30%)

JCPenney's (JCPNQ)…

JCPenney's (JCPNQ) new ownership group, consisting of Simon Property Group (SPG) and Brookfield Asset Management (BAM), along with strategic partner Authentic Brands Group, said they have launched a search for a Chief Executive Officer to replace Jill Soltau, who will be exiting the company effective December 31, 2020. "The search will seek to identify a leader that is focused on modern retail, the consumer experience, and the goal of creating a sustainable and enduring JCPenney," they announced in a statement. "JCPenney's new ownership group will establish a temporary office of the CEO to include key members of JCPenney's current leadership team," they added. Stanley Shashoua, Simon Property Group's Chief Investment Officer, will be appointed interim CEO effective January 1, 2021.

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SPG Simon Property
$84.10 /

+0.78 (+0.94%)

JCPNQ JCPenney
$0.19 /

+ (+0.00%)

BAM Brookfield
$41.43 /

+0.125 (+0.30%)

JCPNQ JCPenney
$0.19 /

+ (+0.00%)

SPG Simon Property
$84.10 /

+0.78 (+0.94%)

12/15/20 Edward Jones
Simon Property downgraded to Sell from Hold at Edward Jones
12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
BAM Brookfield
$41.43 /

+0.125 (+0.30%)

12/23/20 RBC Capital
Brookfield assumed with an Outperform at RBC Capital
11/18/20
Fly Intel: Top five analyst initiations
11/18/20 Goldman Sachs
Brookfield initiated with a Conviction Buy at Goldman Sachs
11/11/20 JPMorgan
Brookfield added to Analyst Focus List as value idea at JPMorgan
SPG Simon Property
$84.10 /

+0.78 (+0.94%)

BAM Brookfield
$41.43 /

+0.125 (+0.30%)

  • 19
    Nov
SPG Simon Property
$84.10 /

+0.78 (+0.94%)

JCPNQ JCPenney
$0.19 /

+ (+0.00%)

BAM Brookfield
$41.43 /

+0.125 (+0.30%)

SPG Simon Property
$84.10 /

+0.78 (+0.94%)

JCPNQ JCPenney
$0.19 /

+ (+0.00%)

BAM Brookfield
$41.43 /

+0.125 (+0.30%)

SPG Simon Property
$84.10 /

+0.78 (+0.94%)

Hot Stocks
Simon Property completes acquisition of Taubman Centers » 09:37
12/29/20
12/29
09:37
12/29/20
09:37
SPG

Simon Property

$85.45 /

+1.43 (+1.70%)

, TCO

Taubman Centers

$42.99 /

+0.03 (+0.07%)

Simon Property Group…

Simon Property Group (SPG) announced that it has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership, or "TRG." Under the terms of the transaction, Simon, through its operating partnership, Simon Property Group, L.P., acquired all of Taubman Centers (TCO) common stock for $43.00 per share in cash, and the Taubman family sold approximately one-third of its ownership interest at the transaction price and remains a 20% partner in TRG. Total consideration for the acquisition, including the redemption of TCO's 6.5% Series J Cumulative Preferred Shares and its 6.25% Series K Cumulative Preferred Shares, was approximately $3.4B and was funded with existing liquidity, including proceeds from Simon's recently completed equity offering. David Simon, Chairman, CEO and President of Simon Property, said, "This investment will enhance the ability of TRG to establish innovative retail environments for consumers and to create new job prospects for the communities in which it operates. I look forward to partnering with the Taubmans in this exciting new joint venture, and to driving strong performance at TRG's properties."

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TCO Taubman Centers
$42.99 /

+0.03 (+0.07%)

SPG Simon Property
$85.45 /

+1.43 (+1.70%)

SPG Simon Property
$85.45 /

+1.43 (+1.70%)

12/15/20 Edward Jones
Simon Property downgraded to Sell from Hold at Edward Jones
12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
TCO Taubman Centers
$42.99 /

+0.03 (+0.07%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
11/16/20 Mizuho
Simon Property price target raised to $74 from $66 at Mizuho
11/16/20 Piper Sandler
Taubman Centers upgraded to Neutral from Underweight at Piper Sandler
TCO Taubman Centers
$42.99 /

+0.03 (+0.07%)

SPG Simon Property
$85.45 /

+1.43 (+1.70%)

  • 19
    Nov
SPG Simon Property
$85.45 /

+1.43 (+1.70%)

SPG Simon Property
$85.45 /

+1.43 (+1.70%)

TCO Taubman Centers
$42.99 /

+0.03 (+0.07%)

SPG Simon Property
$85.45 /

+1.43 (+1.70%)

Hot Stocks
Taubman Centers shareholders approve merger with Simon Property » 15:13
12/28/20
12/28
15:13
12/28/20
15:13
TCO

Taubman Centers

$42.98 /

+0.02 (+0.05%)

, SPG

Simon Property

$85.08 /

+1.06 (+1.26%)

Taubman Centers (TCO)…

Taubman Centers (TCO) announced that, at a special meeting of shareholders, its shareholders approved and adopted the previously announced amended and restated merger agreement among the company, The Taubman Realty Group Limited Partnership, Simon Property Group (SPG) and certain other parties, and the transactions contemplated by the merger agreement. Over 99.9% of the shares voted were in favor of the merger agreement and the transactions, which constitutes approximately 80.1% of the outstanding shares entitled to vote. Subject to customary closing conditions, the transactions are expected to close in late 2020 or early 2021.

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TCO Taubman Centers
$42.98 /

+0.02 (+0.05%)

SPG Simon Property
$85.08 /

+1.06 (+1.26%)

TCO Taubman Centers
$42.98 /

+0.02 (+0.05%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
11/16/20 Mizuho
Simon Property price target raised to $74 from $66 at Mizuho
11/16/20 Piper Sandler
Taubman Centers upgraded to Neutral from Underweight at Piper Sandler
SPG Simon Property
$85.08 /

+1.06 (+1.26%)

12/15/20 Edward Jones
Simon Property downgraded to Sell from Hold at Edward Jones
12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
TCO Taubman Centers
$42.98 /

+0.02 (+0.05%)

SPG Simon Property
$85.08 /

+1.06 (+1.26%)

  • 19
    Nov
SPG Simon Property
$85.08 /

+1.06 (+1.26%)

TCO Taubman Centers
$42.98 /

+0.02 (+0.05%)

SPG Simon Property
$85.08 /

+1.06 (+1.26%)

TCO Taubman Centers
$42.98 /

+0.02 (+0.05%)

SPG Simon Property
$85.08 /

+1.06 (+1.26%)

Hot Stocks
Simon Property announces collaboration with Mango » 08:44
12/22/20
12/22
08:44
12/22/20
08:44
SPG

Simon Property

$83.69 /

-1.81 (-2.12%)

Simon announced its…

Simon announced its collaboration with Mango and their expansion strategy in the United States with the opening of new stores in 2021 that will feature an assortment of Women's, Men's and Kid's collections. Mango and Simon are collaborating to open three stores in the first quarter at Roosevelt Field, Menlo Park Mall and Dadeland Mall. These centers were strategically selected in the United States to jumpstart the expansion of Mango's Mediterranean brand to the American consumer.

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SPG Simon Property
$83.69 /

-1.81 (-2.12%)

SPG Simon Property
$83.69 /

-1.81 (-2.12%)

12/15/20 Edward Jones
Simon Property downgraded to Sell from Hold at Edward Jones
12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
SPG Simon Property
$83.69 /

-1.81 (-2.12%)

  • 19
    Nov
SPG Simon Property
$83.69 /

-1.81 (-2.12%)

SPG Simon Property
$83.69 /

-1.81 (-2.12%)

SPG Simon Property
$83.69 /

-1.81 (-2.12%)

Over a month ago
Downgrade
Simon Property downgraded to Sell from Hold at Edward Jones » 19:48
12/15/20
12/15
19:48
12/15/20
19:48
SPG

Simon Property

$89.70 /

+2.38 (+2.73%)

Edward Jones analyst Jim…

Edward Jones analyst Jim Shanahan downgraded Simon Property to Sell from Hold.

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SPG Simon Property
$89.70 /

+2.38 (+2.73%)

SPG Simon Property
$89.70 /

+2.38 (+2.73%)

12/11/20 Truist
Simon Property price target raised to $94 from $72 at Truist
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
SPG Simon Property
$89.70 /

+2.38 (+2.73%)

  • 19
    Nov
SPG Simon Property
$89.70 /

+2.38 (+2.73%)

SPG Simon Property
$89.70 /

+2.38 (+2.73%)

SPG Simon Property
$89.70 /

+2.38 (+2.73%)

Recommendations
Simon Property price target raised to $94 from $72 at Truist » 08:57
12/11/20
12/11
08:57
12/11/20
08:57
SPG

Simon Property

$90.44 /

-0.38 (-0.42%)

Truist analyst Ki Bin Kim…

Truist analyst Ki Bin Kim raised the firm's price target on Simon Property to $94 from $72 and keeps a Hold rating on the shares. The analyst has updated earnings estimates across the REITs space based on NAREIT commentary, Q3 results and earnings conference call commentary from the group and recently announced events.

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SPG Simon Property
$90.44 /

-0.38 (-0.42%)

SPG Simon Property
$90.44 /

-0.38 (-0.42%)

12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
11/16/20 Mizuho
Simon Property price target raised to $74 from $66 at Mizuho
SPG Simon Property
$90.44 /

-0.38 (-0.42%)

  • 19
    Nov
SPG Simon Property
$90.44 /

-0.38 (-0.42%)

SPG Simon Property
$90.44 /

-0.38 (-0.42%)

SPG Simon Property
$90.44 /

-0.38 (-0.42%)

Conference/Events
Jefferies commercial real estate analysts hold analyst/industry conference call » 12:25
12/03/20
12/03
12:25
12/03/20
12:25
TCO

Taubman Centers

$42.88 /

+0.04 (+0.09%)

, SPG

Simon Property

$90.25 /

+3.02 (+3.46%)

Commercial Real Estate…

Commercial Real Estate Analysts, along with Tom Dobrowski, Vice Chairman of Newmark Knight Frank, discuss the current views and outlook on enclosed malls on an Analyst/Industry conference call to be held on December 3 at 1 pm.

ShowHide Related Items >><<
TCO Taubman Centers
$42.88 /

+0.04 (+0.09%)

SPG Simon Property
$90.25 /

+3.02 (+3.46%)

TCO Taubman Centers
$42.88 /

+0.04 (+0.09%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
11/16/20 Mizuho
Simon Property price target raised to $74 from $66 at Mizuho
11/16/20 Piper Sandler
Taubman Centers upgraded to Neutral from Underweight at Piper Sandler
SPG Simon Property
$90.25 /

+3.02 (+3.46%)

12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
TCO Taubman Centers
$42.88 /

+0.04 (+0.09%)

SPG Simon Property
$90.25 /

+3.02 (+3.46%)

  • 19
    Nov
SPG Simon Property
$90.25 /

+3.02 (+3.46%)

TCO Taubman Centers
$42.88 /

+0.04 (+0.09%)

SPG Simon Property
$90.25 /

+3.02 (+3.46%)

TCO Taubman Centers
$42.88 /

+0.04 (+0.09%)

SPG Simon Property
$90.25 /

+3.02 (+3.46%)

Conference/Events
Jefferies commercial real estate analysts hold analyst/industry conference call » 04:55
12/03/20
12/03
04:55
12/03/20
04:55
TCO

Taubman Centers

$42.84 /

+0.03 (+0.07%)

, SPG

Simon Property

$87.23 /

+2.32 (+2.73%)

Commercial Real Estate…

Commercial Real Estate Analysts, along with Tom Dobrowski, Vice Chairman of Newmark Knight Frank, discuss the current views and outlook on enclosed malls on an Analyst/Industry conference call to be held on December 3 at 1 pm.

ShowHide Related Items >><<
TCO Taubman Centers
$42.84 /

+0.03 (+0.07%)

SPG Simon Property
$87.23 /

+2.32 (+2.73%)

TCO Taubman Centers
$42.84 /

+0.03 (+0.07%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
11/16/20 Mizuho
Simon Property price target raised to $74 from $66 at Mizuho
11/16/20 Piper Sandler
Taubman Centers upgraded to Neutral from Underweight at Piper Sandler
SPG Simon Property
$87.23 /

+2.32 (+2.73%)

12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
12/02/20 Argus
Simon Property downgraded to Hold from Buy at Argus
TCO Taubman Centers
$42.84 /

+0.03 (+0.07%)

SPG Simon Property
$87.23 /

+2.32 (+2.73%)

  • 19
    Nov
SPG Simon Property
$87.23 /

+2.32 (+2.73%)

TCO Taubman Centers
$42.84 /

+0.03 (+0.07%)

SPG Simon Property
$87.23 /

+2.32 (+2.73%)

TCO Taubman Centers
$42.84 /

+0.03 (+0.07%)

SPG Simon Property
$87.23 /

+2.32 (+2.73%)

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